SFR PE (price to earnings ratio) 16.72
OZL PE 11.79
A$ 0.7675
Cu futures US$2.159
Cu cash US$2.17
The PB valuation in the below table is from Hartleys, they also add another cent for exploration portfolio which I have left out of the equation.
Remaining life of mine, debt levels and prospective tenements, it could readily be argued favour the investment thesis for AVB above some of the better known names. in copper. The above data is also based on NO Tesla sales, which many would agree is being somewhat conservative given the weekends news of pre-orders.
AVB Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
